CUSTOMER ASSETS. 11.1 Customer funds will be held in accordance with the ‘Client Asset Requirements’ issued by the Central Bank.
11.2 Interest is not payable by AvaTrade on client funds deposited by Customer.
11.3 All funds, securities, currencies, and other property of Customer which AvaTrade or its affiliates may at any time be carrying for Customer (either individually, jointly with others, or as a guarantor of the account of any other person,) or which may at any time be in its possession or control or carried on its books for any purpose, including safekeeping, are to be held by AvaTrade as security and subject to a general lien and right of set-off for liabilities of Customer to AvaTrade whether or not AvaTrade has made advances in connection with such securities, commodities, currencies or other property, and irrespective of the number of accounts Customer may have with AvaTrade.
11.4 AvaTrade may in its discretion, at any time and from time to time, without notice to Customer, apply and/or transfer any or all funds or other property of Customer between any of Customer’s accounts.
11.5 Customer hereby also grants to AvaTrade the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Customers, to itself as broker or to others, any securities or other property of Customer held by AvaTrade as margin or security.
11.6 AvaTrade shall at no time be required to deliver to Customer the identical property delivered to or purchased by AvaTrade for any account of Customer.
11.7 This authorization shall apply to all accounts carried by AvaTrade for Customer and shall remain in full force until all accounts are fully paid for by Customer or notice of revocation is sent by AvaTrade from its home office.
11.8 Any failure by AvaTrade to enforce its rights hereunder shall not be deemed a future waiver of such rights by AvaTrade.
11.9 AvaTrade is irrevocably appointed as attorney in-fact for Customer and is authorized, without notice to Customer, to execute and deliver any documents, give any notice and to take any actions on behalf of Customer, including the execution, delivery and filing of financing statements, that AvaTrade deems necessary or desirable to evidence or to protect AvaTrade’s interest with respect to any collateral.
11.10 In the event that the collateral deemed acceptable to AvaTrade is at any time insufficient to satisfy Customer’s indebtedness or other obligations to Ava, including obligations to provide margin her...
CUSTOMER ASSETS. 10.1 Interest is not payable by Company on client funds deposited by Customer.
10.2 All funds, securities, currencies, and other property of Customer which Company or its affiliates may at any time be carrying for Customer (either individually, jointly with others, or as a guarantor of the account of any other person,) or which may at any time be in its possession or control or carried on its books for any purpose, including safekeeping, are to be held by Company as security and subject to a general lien and right of set-off for liabilities of Customer to Company whether or not Company has made advances in connection with such securities, commodities, currencies or other property, and irrespective of the number of accounts Customer may have with Company.
10.3 Company shall at no time be required to deliver to Customer the identical property delivered to or purchased by Company for any account of Customer.
10.4 Any failure by Company to enforce its rights hereunder shall not be deemed a future waiver of such rights by Company.
10.5 Company is irrevocably appointed as attorney in-fact for Customer and is authorized, without notice to Customer, to execute and deliver any documents, give any notice and to take any actions on behalf of Customer, including the execution, delivery and filing of financing statements, that Company deems necessary or desirable to evidence or to protect Company’s interest with respect to any collateral.
10.6 In the event that the collateral deemed acceptable to Company is at any time insufficient to satisfy Customer’s indebtedness or other obligations to Company, including obligations to provide margin hereunder, Customer shall promptly pay upon demand the entire amount of such deficit.
10.7 Customers trading on the company platform agree to the transfer of full ownership of funds to Company for the purpose of securing or otherwise covering a required margin and as such the required margin will no longer be treated as belonging to the Customer. Company will deposit the required margin as collateral with its liquidity provider(s). These funds will not be registered in the customer’s name. Funds deposited by the Customer in excess of the required margin will be treated as client funds in accordance with the Client Asset.
CUSTOMER ASSETS. 11.1 Interest is not payable by Oceix on client funds deposited by Customer.
11.2 All funds, securities, currencies, and other property of Customer which Oceix or its affiliates may at any time be carrying for Customer (either individually, jointlywithothers, or as a guarantor of the account of any other person,) or which may at any time be in its possession or control or carried on its books for any purpose, includingsafekeeping, are to be held by Oceix as security and subject to a general lien and right of set-off for liabilities of Customer to Oceix whether or not Oceix has madeadvances in connectionwithsuchsecurities, commodities, currencies or other property, and irrespective of thenumber of accounts Customermayhavewith Oceix.
11.3 Oceix may in its discretion, at any time and from time to time, without notice to Customer, apply and/or transfer any or all funds or other property of Customer between any of Customer’s accounts.
11.4 Customer hereby also grants to Oceix the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Customers, to itself as broker or to others, any securities or other property of Customer held by Oceix as margin or security.
11.5 Oceix shall at no time be required to deliver to Customer theidentical property delivered to or purchased by Oceix for any account of Customer.
11.6 This authorization shall apply to all accounts carried by Oceix for Customer and shall remain in full force until all accounts are fully paid for by Customer or notice of revocation is sent by Oceix from its homeoffice.
CUSTOMER ASSETS. (a) Customer shall provide such Customer Assets to BreconRidge for use by BreconRidge in support of the Work as the parties may from time to time specify in the Statements of Work. BreconRidge may not use the Customer Assets for any purpose, other than the provision of Work under this Agreement, without the prior written consent of Customer. Customer shall retain all right, title and interest in the Customer Assets. Customer shall provide all operating and maintenance instructions related to the Customer Assets that it has available and represents that, at the time of delivery, any Customer Asset is suitable for the purpose for which it is provided to BreconRidge.
(b) Customer and BreconRidge shall agree upon a reasonable acceptance testing process to allow BreconRidge to verify, in accordance with industry practice, that Customer Assets are in good working condition and are eligible for maintenance. BreconRidge shall not be required to assume responsibility for the maintenance of a Customer Asset until it has been accepted in accordance with the aforementioned process. BreconRidge’s responsibility for the maintenance of a Customer Asset, once such Customer Asset has been accepted, shall include calibration maintenance, on-site trouble shooting (using trouble shooting equipment on site) and test capacity planning and provided that Customer shall reimburse BreconRidge for out-of-pocket expenses paid to third parties in respect of such maintenance in accordance with a purchase order or quotation approved in advance by Customer. BreconRidge shall support remote access by Customer through a VPN to those Customer Assets that are to be used as test equipment provided that Customer shall reimburse BreconRidge for out-of-pocket expenses paid to third parties in respect of such remote access in accordance with a purchase order or quotation approved in advance by Customer.
(c) Upon termination or expiration of a Statement of Work or this Agreement or at such other time as any Customer Asset is no longer required by BreconRidge, BreconRidge shall return at Customer’s expense the applicable Customer Asset to Customer in an orderly manner. Any Customer Asset returned to Customer shall be returned in substantially the same condition as originally delivered by Customer to BreconRidge, reasonable wear and tear or similar depreciation excepted. BreconRidge shall bear the risk of loss and damage in respect of Customer Assets while in BreconRidge’s possession or control.
(d)...
CUSTOMER ASSETS. 10.1 The Company does not pay any interest on the funds that the client deposits.
10.2 Any funds, securities, currencies, or other property belonging to the client that are in the possession or control of the Company or its affiliates, either individually or jointly with others, are held as security and are subject to a general lien and right of set-off for any liabilities the client may have to the Company. This applies regardless of whether the Company has made any advances in connection with such property or the number of accounts the client may have with the Company.
10.3 The Company is not required to deliver the same property back to the client that was delivered or purchased for the client's account.
10.4 The Company's failure to enforce its rights does not waive its rights under this agreement.
10.5 The Company is appointed as the client's attorney-in-fact and is authorized to take any actions deemed necessary or desirable to protect the Company's interest in any collateral, including the execution, delivery, and filing of financing statements, without notice to the client.
10.6 If the collateral provided by the customer is not enough to cover their debt or obligations to the company, including the obligation to provide margin, the customer must promptly pay the remaining amount upon demand.
10.7 Customers who trade on the company platform agree to transfer full ownership of their funds to the company for the purpose of securing or covering required margin. The required margin will no longer belong to the customer and will be deposited by the company as collateral with its liquidity providers. These funds will not be registered in the customer's name. Any funds deposited by the customer in excess of the required margin will be treated as client funds in accordance with the Client Asset.
CUSTOMER ASSETS. All Customer Assets will be and will remain the property of Customer or Customer's Third Party licensors (as applicable), and, as between Customer and Sabre, any derivative work, modification, updates or enhancements made by Sabre thereto will (subject to SECTIONS 4.4 and 4.5) be owned by Customer.
CUSTOMER ASSETS. 11.1. Interest is not payable by Infinex on client funds deposited by Customer.
11.2. All funds, securities, currencies, and other property of Customer which Infinex or its affiliates may at any time be carrying for Customer (either individually, jointly with others, or as a guarantor of the account of any other person,) or which may at any time be in its possession or control or carried on its books for any purpose, including safekeeping, are to be held by Infinex as security and subject to a general lien and right of set-off for liabilities of Customer to Infinex whether or not Infinex has made advances in connection with such securities, commodities, currencies or other property, and irrespective of the number of accounts Customer may have with Infinex.
11.3. Infinex may in its discretion, at any time and from time to time, without notice to Customer, apply and/or transfer any or all funds or other property of Customer between any of Customer’s accounts.
11.4. Customer hereby also grants to Infinex the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Customers, to itself as broker or to others, any securities or other property of Customer held by Infinex as margin or security.
11.5. Infinex shall at no time be required to deliver to Customer the identical property delivered to or purchased by Infinex for any account of Customer.
11.6. This authorization shall apply to all accounts carried by Infinex for Customer and shall remain in full force until all accounts are fully paid for by Customer or notice of revocation is sent by Infinex from its home office.
11.7. Any failure by Infinex to enforce its rights hereunder shall not be deemed a future waiver of such rights by Infinex.
11.8. Infinex is irrevocably appointed as attorney in-fact for Customer and is authorized, without notice to Customer, to execute and deliver any documents, give any notice and to take any actions on behalf of Customer, including the execution, delivery and filing of financing statements, that Infinex deems necessary or desirable to evidence or to protect Infinex’s interest with respect to any collateral.
11.9. In the event that the collateral deemed acceptable to Infinex is at any time insufficient to satisfy Customer’s indebtedness or other obligations to Infinex, including obligations to provide margin hereunder, Customer shall promptly pay upon demand the entire amount of such deficit.
CUSTOMER ASSETS. (A) Prior to the execution of any Transaction Agreement, Supplier shall provide to Customer a list of all Customer Assets required by Supplier in order to perform its obligations under the Transaction Agreement. Customer will review Supplier's list and will advise Supplier of any Customer Assets that will not be available for Supplier's requested use. Supplier shall then revise the list accordingly. The revised list of Customer Assets shall be set forth in detail in the applicable Transaction Agreements.
(B) Except as otherwise expressly set forth in the applicable Transaction Agreement, Customer Assets shall at all times remain the property of Customer. Supplier shall have access to and use of the Customer Assets as set forth in the applicable Transaction Agreements and such ability to manage the Customer Assets as may be necessary or appropriate to enable Supplier to properly perform its obligations hereunder.
(C) As and when any Customer Assets are no longer required for the performance of Supplier's obligations hereunder, Supplier, upon Customer's request, shall arrange for the sale or disposal of such Customer Assets on such terms as Supplier determines to be advantageous to Customer using the same efforts as Supplier uses with respect to its own similar assets and shall advise Customer of those terms. Upon Customer's approval, Supplier shall sell or dispose of such Customer Assets on the terms approved by Customer, and shall forward to Customer the proceeds of such sale or disposal that shall be net of Supplier's reasonable and direct third-party costs and expenses. In the event Customer does not approve of the proposed terms of sale or does not wish Supplier to dispose of a Customer Asset, Supplier shall return such Customer Asset to Customer or Customer's designee.
CUSTOMER ASSETS. 10.1 Interest is not payable by the Company on Client funds.
10.2 All Client funds, securities, currencies, and other property will be held in safe custody by Pioneer Investment Limited subject to a general lien and right of set-off for Client's liabilities to the Company.
10.3 The Client hereby also grants to the Company the right to pledge, re-pledge, hypothecate, invest or loan, either separately or with the property of other Clients, to itself as broker or to others, any securities or other property of Client held by the Company as margin or security.
10.4 The Company is irrevocably appointed as attorney in-fact for Client and is authorized, without notice to Client, to execute and deliver any documents, give any notice and to take any actions on behalf of Client, including the execution, delivery and filing of financing statements, that the Company deems necessary or desirable to evidence or to protect the Company’s interest with respect to any collateral.
